IM scare for securities trading firms

Management Intelligence

FaceTime Communications, a California-based provider of real-time security and management solutions, recently warned that a new JPEG virus could start propagating via IM and peer-to-peer (p-to-p) networks. The announcement describes how the virus could – hitherto only in theory – exploit the latest detected Microsoft vulnerability, which was discovered in mid-September.

However, according to FaceTime, the vulnerability is not unique in and of itself, with flavours of it coming out frequently

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Investment banks: the future of risk control

This survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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